Jerry Eze Foundation’s Digital Empowerment Grant for young people in agriculture, manufacturing and technology has expanded significantly, rising from $300,000 to $525,000, following fresh contributions from prominent individuals and corporate organisations.
Founder of the foundation, Pastor Jerry Eze, announced the development in a follow-up video shared on social media, providing updates on the initiative first unveiled earlier in the week.
“Yesterday I told you that the grant is about $300,000 for about a 100 young persons,” Pastor Eze said.
According to him, Tonye Cole committed funding for 20 additional beneficiaries, contributing $60,000, while Tony Elumelu also sponsored 20 young persons, adding another $60,000 to the pool.
Pastor Eze further disclosed that Nuvion Bank and Flutterwave jointly sponsored 35 beneficiaries, contributing $105,000, bringing the total grant value to $525,000.
“So the total grant that we are going to be looking at right now is $525,000, I’m sure you know it’s something to cheer about,” he said.
Beyond financial support, Pastor Eze revealed added value for beneficiaries. The Tony Elumelu Foundation will provide a 12-week business education course for all awardees.
Flutterwave, a leading African fintech company, will also offer technical backstopping for beneficiaries in the technology category.
“Flutterwave, decided to do a lot of technical backstopping for anyone in technology who is an awardee,” he added.
Pastor Eze emphasised that the selection process and criteria would be announced soon and reiterated that the entire process would be managed independently.
“Please do not forget, it will be handled by a reputable international consulting firm,” he said.
The initiative is part of the Jerry Eze Foundation’s broader mission to empower young people and support sustainable economic growth across Africa.
